Insights
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Opportunity India Desk Nov 14, 2024 - 2 min readVinFast has achieved a new milestone in the Vietnamese automotive market by delivering over 11,000 electric vehicles (EVs) in October alone, bringing its total 2024 sales to more than 51,000 units. This result cements VinFast's position as the top-selling vehicle brand in Vietnam for the month and year to date, highlighting the company's ...
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Opportunity India Desk Nov 14, 2024 - 2 min readVolkswagen AG has expanded its investment in Rivian Automotive Inc. by $800 million, highlighting the company's commitment to the US-based electric vehicle (EV) manufacturer in the face of a softening EV market and potential regulatory shifts from the incoming Trump administration. This increased investment also represents Volkswagen's continuous efforts to exploit Rivian's strong ...
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Opportunity India Desk Nov 14, 2024 - 2 min readChubu Electric, a prominent global provider of electrical engineering solutions, has announced an expanded investment in OMC Power, which will advance 100 MW of energy transition projects while also strengthening OMC's market presence in India and South Africa. According to Chubu Electric, this investment would strengthen the company's collaboration with OMC by promoting ...
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Opportunity India Desk Nov 13, 2024 - 1 min readOmega Seiki has inaugurated its second flagship store in New Delhi, following the success of its first facility in Pune, which opened in August 2021. This new showroom will provide a comprehensive perspective of the company's electric vehicle (EV) lineup, which includes both freight and passenger two- and three-wheelers, allowing customers to experience ...
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Opportunity India Desk Nov 13, 2024 - 2 min readAccording to recent Haitong research, electric vehicle (EV) registrations in October 2024 grew little, boosted by festive season demand. Year-to-date (YTD) EV penetration increased by 100 basis points (bps) year on year (YoY), reaching 7.6 percent, while overall EV registrations increased 26% YoY to 1.1 million units. The two-wheeler (2W) segment ...
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Opportunity India Desk Nov 13, 2024 - 2 min readThe Indian government is stepping up attempts to increase participation in its electric vehicle (EV) import plan by hosting a workshop to garner feedback from companies interested in importing luxury EVs at lower prices. The project aims to better understand the limited response to the plan, which was introduced last year with the ...
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Opportunity India Desk Nov 13, 2024 - 2 min readUnion Minister for Education, Dharmendra Pradhan, inaugurated a two-day National Workshop on Higher and Technical Education in New Delhi. The meeting, which included State and Union Territory (UT) Secretaries, brought together important stakeholders to discuss the implementation of the National Education Policy (NEP) 2020. Dr. Sukanta Majumdar, Minister of State for Education and ...
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Opportunity India Desk Nov 11, 2024 - 2 min readQuantum Energy, an electric vehicle startup focused on the design and manufacture of electric scooters, has opened a new showroom in Srikakulam, Andhra Pradesh, through its HK Agencies dealership. Shri Kinjarapu Rammohan Naidu, India's Minister of Civil Aviation, attended the opening, as did top executives and other key Quantum Energy guests. This prominent ...
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Opportunity India Desk Nov 11, 2024 - 1 min readBentley has officially teased its first all-electric car (EV), which will be launched in 2026. This premiere EV will be an SUV, marking a dramatic move for the historic British company. Bentley is boldly labelling it the "world's first true luxury urban SUV." The unveiling will mark the beginning of Bentley's electric era, ...
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Opportunity India Desk Nov 11, 2024 - 2 min readUnion Minister for Power, Housing, and Urban Affairs, Manohar Lal, launched the 'EV as a Service' initiative by Convergence Energy Services Limited (CESL), a branch of Energy Efficiency Services Limited (EESL), at Major Dhyan Chand National Stadium. The new program aims to accelerate electric vehicle (EV) adoption within government sectors, including ministries, departments, ...